> You must go through an exchange which is subject to the same KYC and anti-money-laundering regulations as a bank.
Bitcoin ATMs exist. From what I can make out (IANAL), KYC / anti-money-laundering regulations mostly kick in for turning cryptocurrency into fiat rather than the other way around - which is probably why most Bitcoin ATMs are "buy only".
Bitcoin ATMs exist. From what I can make out (IANAL), KYC / anti-money-laundering regulations mostly kick in for turning cryptocurrency into fiat rather than the other way around - which is probably why most Bitcoin ATMs are "buy only".